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MyParichay Brings Another Innovation to the Social Job Market Giving Job Seekers a 5X Better Chance of Finding Jobs


News provided by

Myparichay Services Pvt Ltd

12 Nov, 2013, 16:17 IST

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MyParichay Logo (PRNewsFoto/MyParichay Services Pvt Ltd)
MyParichay Logo (PRNewsFoto/MyParichay Services Pvt Ltd)

BANGALORE, November 12, 2013 /PRNewswire/ --

MyParichay Launches 'Social Resume Makeover' in Association With Shine.com

Facebook-based social recruitment platform MyParichay, used by leading companies like Genpact, IBM, HDFC Life, Jet Airways, today announced the launch of a 'Social Resume Makeover' campaign on Facebook in partnership with India's #1 social job board Shine.com. Participants are required to login to the MyParichay (www.myparichay.in) using their Facebook account and invite five of their Facebook professional connections and start using the rapidly expanding professional tool and get Rs 1,000 for a resume makeover of their social profile.

     (Logo: http://photos.prnewswire.com/prnh/20130607/617848)

MyParichay allows users to find valuable professional connection in their Facebook network, create a professional profile exhibiting skills and accomplishments; get endorsed by their Facebook professional connections.

About 68% of top employers now actively evaluate candidates using data from their social network. Recruiters use MyParichay to discover relevant information mostly never found on LinkedIn or a resume that impacts their hiring decision. 

Recent LinkedIn study indicates that social networks are expected to be the top influencing factor in recruitment practices in the foreseeable future.

Carnegie Mellon study determined that the chance of finding a job increases by 5X if you are referred through friends and family. 

"We want to give our users a significant advantage in finding their dream job and by combining the power of their Facebook network and the positive impact of a professionally developed resume. With over 1 billion members, Facebook is a highly effective forum for aspirants and recruiters to engage. MyParichay unique technology provides the much needed privacy and security when using Facebook for job and career related issue," said Mr. Ranjan Sinha, Co-Founder and Chairman, MyParichay. 

Also, MyParichay keeps track of the user's 'Professional Connectivity Score'. This feature exhibits the network of professionals and companies that the user has the potential to connect with; as well as the percentage of network actually tapped. With this feature, a user gets to find his professional connections reach on facebook. This helps a user to reach the right connections in his network that will improve his chances of getting a job by 5X.

Furthermore, with industry experts reviewing the resume, fresh graduates and experienced job seekers alike will benefit from a quality resume and improve their chances of a successful interview. "In general, recruiters have about 10 seconds to spare for one resume. It is vital that aspirants capture the interest of the reviewer within that time. With new technologies and network of social platforms, identifying a job has become easy, however making the right impression during the first exposure completely depends on the resume. This is why we felt that the 'Resume Makeover' campaign could benefit candidates, helping them move forward in their career,"  added Amit Garg, Business Head - HT Digital (Shine.com)

Facebook continues to gain ground in the professional sphere, especially with the recent introduction of a 'Skills' section just like LinkedIn. In line with this growing trend, MyParichay recently launched India's first Facebook Recruiting Trend Report Q2 2013. The report showed that top employers using Facebook in India had doubled over the last 12 months. Of all major sectors, technology and services used Facebook the most for recruitment in 2012. Furthermore, it is evident that more companies are catching up with the trend since the corporate brand presence is rising at the rate of 66% YoY.

About MyParichay

MyParichay is a social recruitment platform that believes in the power of a 'Parichay' - the Sanskrit term for introduction. Established in 2012, the company comprises a group of passionate team of entrepreneurs, HR professionals and computer scientists committed to transforming the system of recruitment; ensuring the candidates and companies reach their full potential. The solutions harness branding and targeting capabilities of Facebook and LinkedIn allowing employers to precisely target their brand, interact with the talent community and measure ROI of employer branding in more precise terms than offered by traditional web. The company's technology prowess and deep understanding of the industry have encouraged several corporates including Genpact, 24X7, IBM, PWC,Grollier, Airbus, EXL Services, Cognizant, Yahoo India and Convergys to adopt MyParichay solutions. MyParichay currently has a larger database of social profiles than Linkedin in India and has a strategic partnership with job portal Shine.com.

For more information on MyParichay, please visit: https://www.myparichay.in/website/

Primary Media Contact: Sonika, [email protected], 91-9886762465

Secondary Media Contact: Guru, [email protected], 91-9886397703

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